StockWatch
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Diversified Commercial Services
Quarterly Result28 May 2026, 09:37 pm

Shangar Decor Q4/FY26 Audited Results Approved; Directors Appointed

AI Summary

Shangar Decor Limited's Board of Directors met on May 28, 2026, to consider and approve the Audited Standalone Financial Results for the quarter and financial year ended March 31, 2026. The results were approved along with the Auditor's Report, which carried an unmodified opinion. Additionally, the Board recommended the regularization of Mr. Darshil Hemendrakumar Shah and Mr. Konark Patel as Independent Directors (Non-Executive Independent Directors) for a period of five years, effective April 3, 2026, subject to shareholder approval at the General Meeting. Both directors are not related to existing directors and are not debarred from holding office.

Key Highlights

  • Board approved audited standalone financial results for Q4 and FY26.
  • Auditor's Report for Q4 and FY26 results issued with an unmodified opinion.
  • Recommended regularization of Mr. Darshil H. Shah as Independent Director.
  • Recommended regularization of Mr. Konark Patel as Independent Director.
  • Both independent directors appointed for 5 years, effective April 3, 2026.